MIT 14.04 Intermediate Microeconomic Theory, Fall 2020 - Lecture 14: Real and Financial Flows: Thailand

MIT 14.04 Intermediate Microeconomic Theory, Fall 2020 Instructor: Prof. Robert Townsend View the complete course: https://ocw.mit.edu/courses/14-04-intermediate-microeconomic-theory-fall-2020/ YouTube Playlist: https://www.youtube.com/watch?v=XSTSfCs74bg&list=PLUl4u3cNGP63wnrKge9vllow3Y2OOOKqF Villages and towns are like small open economies within a nation, yet the SMEs within them are heterogeneous in wealth and productivity. They are also typically constrained. Thus, opening the economy up to increased trade and to capital flows can produce surprisingly large welfare gains and losses, even for those living within the very same village. License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.